Oman has granted a fixed-line telecommunications licence for the greater Muscat area to a consortium of Awaser Oman Co and Hong Kong's PCCW International, the regulator said on Monday, a decision that may squeeze earnings at Oman's existing operators.
The licence is valid for the Governorate of Muscat - home to about a quarter of Oman's estimated 2.8 million people - and will enable the consortium to provide fixed-line data and voice services for 25 years. PCCW International is a subsidiary of PCCW Ltd.
The consortium will compete against Oman Telecommunications Co (Omantel) and Nawras, a subsidiary of Qatar Telecom (Qtel).
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